Hi all,
I have noticed a really interesting formation on the 1H timeframe, which looks like Diamond Pattern and is a reversal pattern.
From here we might see a move to the upside up to 52000.
I wish you good trades and stay profitable!
I have noticed a really interesting formation on the 1H timeframe, which looks like Diamond Pattern and is a reversal pattern.
From here we might see a move to the upside up to 52000.
I wish you good trades and stay profitable!
Trade active
Bitcoin just broke out from the Diamond Pattern to the upside, but quickly reversed and couldn’t hold the support. We’re seeing a fakeout here and we have a big chance to break to the downside. Stoploss set to 46745.Trade closed: stop reached
I got stopped out on this one. We are most likely going to get the liquidity under 45000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.